Premier League chief executive Richard Scudamore has warned clubs that they face points deductions if they fail to adhere to new spending controls.
13 out of 20 top-flight clubs voted in favor of proposals which will cap wage bills and restrict losses to 105 million pounds over a three-year period on Thursday.
And Scudamore has insisted that sanctions will be handed down should these new guidelines not be followed.
He told reporters: "As all things in our rulebook you will subject to a disciplinary commission.
"The clubs understand that if people break the 105 million we will look for the top-end ultimate sanction range - a points deduction.
"Normally we stay silent on sanctions as the commission has a free range but clearly if there is a material breach of that rule we will be asking the commission to consider top-end sanctions."
The six sides who are believed to have voted against the proposals are Aston Villa, Fulham, Manchester City, Southampton, Swansea and West Brom, whilst Reading abstained.
But Scudamore has assured those in opposition to the controls that an improvement in their circumstances is still possible.
He continued: "The balance we have tried to strike is that a new owner can still invest a decent amount of money to improve their club but they are not going to be throwing hundreds and hundreds of millions in a very short period of time.
"While it has worked for a couple of clubs in the last 10 years, and I am not critical of that, if that's going to be done in the future it's going to have to be over a slightly longer term without the huge losses being made.
"I think at £105m you can still build a very decent club with substantial owner funding but you have to do it over time, you can't do it in a season.
"In some ways that's the most significant part; this is a three-year rolling system of secure funding - it's one year at the moment."
Follow GOAL.COM USA on Twitter
Buzzing on Y! Sports
- “Cut Your Waiting Time” ad for Ottawa CFL season tickets is remarkably campy55 Yard Line - 16 hours ago
- Bask in Rask’s glow; Doc Emrick gets Daft Punk’d; Heatley buyout-proof? (Puck Headlines)Puck Daddy - 16 hours ago
- The “Canadian Tire Centre” is the latest mockable name in Ottawa, but it may catch on some dayEh Game - 13 hours ago
- Eskimos lose quarterback Matt Nichols to injury for 2013 seasonyhoo.it
- The legend of Evan Gattis grows: He breaks his bat on his back after hitting a foul ballBig League Stew - 11 hours ago
- Patriots TE Aaron Hernandez questioned by police in homicide probeShutdown Corner - 12 hours ago
- Atlanta radio hosts fired after making fun of Steve Gleason, who suffers from ALSShutdown Corner - Mon, 17 Jun, 2013 4:05 PM EDT
- Former Phillie chief suspect in stalling of the Phanatic's ATVyhoo.it
- Dirk Nowitzki thinks the NBA can never get rid of floppingBall Don't Lie - Mon, 17 Jun, 2013 5:40 PM EDT
- Only in the CFL: Alouettes accidentally release, then bring back, CB Michael Carter55 Yard Line - Mon, 17 Jun, 2013 3:43 PM EDT
- Young Dodgers fan ‘stands tall’ against Giants-loving classmates in fifth-grade graduation speechBig League Stew - Mon, 17 Jun, 2013 8:34 PM EDT
- Report: Allen Iverson accused by ex-wife of abducting their 5 childrenBall Don't Lie - Mon, 17 Jun, 2013 3:50 PM EDT
- Teeing Off: Will Phil Mickelson ever win the U.S. Open?Devil Ball Golf - Mon, 17 Jun, 2013 10:25 PM EDT
- Paille, Bergeron lead Bruins over Blackhawks 2-0, take 2-1 series leadPuck Daddy - Mon, 17 Jun, 2013 11:08 PM EDT
- This is the coolest picture of Justin Rose after his epic U.S. Open winDevil Ball Golf - Mon, 17 Jun, 2013 8:52 PM EDT
@YahooEhGame on Twitter, become a fan on Facebook
Most Popular
Today on Yahoo!
1 - 8 of 48
Latest Videos
1 - 4 of 45
Follow Yahoo! Canada Sports

Like Yahoo! Canada on Facebook
The official Facebook page for Canada's favourite site! … More »
www.facebook.com
Follow @YahooEhGame on Twitter
The official account of Yahoo! Canada Sports. 100% feed-free tweets by sports fans for sports fans! … More »
twitter.com
